Question: Question 8 2 points San Fer Suppose the current dividends on a stock are $4.2 per share and dividends are expected to increase by 2%

Question 8 2 points San Fer Suppose the current dividends on a stock are $4.2 per share and dividends are expected to increase by 2% per year, forever. If the requirga rate of return is 6%, what is the value of the stock? (round your answer to 2 decimal places)

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